Here’s how much interest a $150,000 18-month CD can earn now (and why it’s worth opening)

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September 10, 2026 / 3:57 PM EDT / CBS News

If you have $150,000 saved up in today's economy and aren't sure about which move to make next, a certificate of deposit (CD) account at least merits consideration.

CD interest rates are fixed, after all, allowing you to calculate your interest earnings with precision without having to worry about market changes that could reduce your returns. Rates are also elevated compared to where they were at the beginning of the decade with many now sitting at or above 4%. And with plenty of options to choose from, both online and via your local bank branches, it won't be difficult to find an account with the right term and rate for your money.

If there's $150,000 in play, however, an 18-month CD could be the smart place to park it, at least through today's economic volatility. Below, we'll break down why that is – and, more importantly, how much interest you can expect to earn if you make a deposit now.

Start earning more interest on your money with a CD…

Original source: https://www.cbsnews.com/moneywatch/